Needham Maintains Buy on MACOM Technology Solns, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Quinn Bolton maintains a Buy rating on MACOM Technology Solutions (MTSI) and raises the price target from $84 to $100.
February 02, 2024 | 2:36 pm
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POSITIVE IMPACT
Needham analyst Quinn Bolton reaffirms a Buy rating on MACOM Technology Solutions and increases the price target to $100 from $84.
The upgrade in the price target by a reputable analyst like Quinn Bolton suggests a strong confidence in MACOM Technology Solutions' future performance. This is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100